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Tata Floater: Change In minimum additional purchase and redemption units

Tata Mutual Fund has increased the minimum amount for additional investment in Tata Floater from Rs.1,000 to Rs.10,000. Whereas, the revised minimum redemption is Rs.1,000 or 1 unit instead of Rs.1,000 or 100 units.

The above changes shall come into effect from September 10, 2012.